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Hagler Buys Orthodox Summer Camp | Real Estate News
Description
Healthcare titan Daryl Hagler is swooping in to buy Camp Mesorah, an Orthodox Jewish summer camp in upstate New York, with a $5.6 million credit bid through his company DHAN Masores — a move that signals his growing pattern of acquiring distressed assets. Already providing financial lifelines to keep the camp afloat, Hagler’s bid comes amid Simad Holdings’ bankruptcy auction, where eight camps are up for grabs amid fierce competition and legal hurdles. With a portfolio spanning healthcare, aviation, and real estate — including his role as vice chairman of El Al — Hagler’s involvement underscores a broader trend of investors stepping in to rescue struggling summer camps. Meanwhile, Simad’s bankruptcy remains mired in controversy, with lenders accusing the company of misusing collateral, adding layers of complexity to the sales process as court hearings loom.
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